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1.A) A person has $100,000 of short term capital gains recognized throughout the year. A is advised that because of a peculiarity in the tax

1.A) A person has $100,000 of short term capital gains recognized throughout the year. A is advised that because of a peculiarity in the tax law A can enter into a transaction that creates $100,000 of short-term capital losses and $95,000 of long term capital gains. Should this enter into this transaction? Why or why not.b) Would the answer be different if instead of having $100,000 of short term capital gains, A had $100,000 of long-term capital gains? Why or why not?Assume that Short term gains are taxed at 40% and that long term gains are taxed at 20%. Re analyze the proposed transactions. I need both parts helped with

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